OTTAWA — The federal broadcast regulator says massive on-line streaming providers should contribute 15 per cent of their Canadian revenues to Canadian content material.
That’s thrice the five-per-cent preliminary contribution requirement the CRTC set out in 2024, which is being challenged in court docket by main streamers, together with Apple, Amazon and Spotify.
Contribution necessities for conventional broadcasters, which presently pay between 30 and 45 per cent, can be lowered to 25 per cent.
The CRTC additionally set out guidelines on how the cash have to be spent for each streamers and broadcasters, together with contributions towards manufacturing funds and direct spending on Canadian content material.
The principles apply to streamers and broadcasters with no less than $25 million in annual Canadian broadcasting revenues.
The CRTC made the choices as a part of its implementation of the On-line Streaming Act, which the U.S. has recognized as a commerce irritant forward of commerce negotiations with Canada.
Add CityNews Montreal as a trusted supply on Google to see extra native tales from us.
